Israel's Tadiran Telecom on Wednesday entered into a strategic alliance with BPL Telecom to sell its enterprise products including advanced digital PBX systems in India and said it would set up a joint venture with the Indian company for local manufa
The Company Law Board on Monday adjourned for July 30 the hearings of the main petition filed by BPL Group patriarch T P G Nambiar against the alleged sidelining by his son-in-law and CEO of BPL Communications Rajeev Chandrasekhar in the telecom busi
The dispute between Vodafone and the Ruia-owned Essar Group, its 33 per cent partners in Vodafone-Essar, over ownership of BPL Mobile deepened this week after the UK-based telecom major alleged that Essar had altered the share structure of the Mumbai service provider in violation of a 2006 agreement
Celestial Overseas Ventures, a British Virgin Island-based investor, plans to acquire five per cent stake in electronics major BPL Limited, thus taking up the foreign equity component in the Bangalore-based firm to 5.57 per cent.\n\n\n\n
It proposed that smart cards be issued to BPL families for supply of subsidised kerosene in urban and semi-urban areas to cut diversion of the fuel to unintended users. The panel also suggested a cash transfer system, whereby funds can be transferred to BPL families through a banking or postal system for purchasing of kerosene, instead of supplying the fuel much below the market price.
In the biggest synergy in the Indian telecom industry, leading cellular service providers BPL Mobile, Escotel, RPG Cellular and Spice Telecom, have forged what they have named the 'MobileFirst' Alliance to provide enhanced value to their customers.
The government on Friday decided to allocate five million tonnes of additional wheat and rice for distribution through ration shops to BPL families, giving them some relief from high food inflation.
It is not clear, however, whether the two players are considering a majority stake or would be content as investors with 26 per cent.
The company is exploring fund raising options to start services in 22 circles in the next two years.
'Individual beneficiary desirous of availing the benefits under the scheme (PMUY) is hereby required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication,' said a gazette notification issued by the ministry of petroleum and natural gas.
There was such a rush that more counters were opened outside the GPO building, under the open sky, he added.
Joining the rush of companies looking for spectrum, BPL Mobile has applied for a unified access service licence in 21 of the country's 23 telecom circles.
BPL Mobile is exploring options to hive off its tower business into a separate company and is embarking on a capacity addition initiative
BPL Ltd has informed the Bombay Stock Exchange that M Sasi has been appointed as director (finance & corporate planning) of the company (without any remuneration) for a period of two years, with immediate effect.
Some of the top cricketers are contemplating terminating their central contracts with the Pakistan Cricket Board after some were refused NOCs to go and play in foreign T20 leagues.
BPL Mobile Cellular will invest Rs 1,000 crore for the development of infrastructure in the next 12 months, and install 550 base stations even as the mobile telephony service provider is all set to launch Push-To-Talk services.
After Airtel, BPL Mobile is to introduce a 'Goodwill Pack' enabling roam free service to Pakistan from Tuesday following the Centre's decision to allow the facility for a period of four months.
BPL Group, the consumer electronics firm, which is in the midst of its debt restructuring exercise, has set the ball rolling on wriggling out of its debt pool by selling a part of its land bank.
According to sources in the company, a review of the JV is under way and a decision to separate is likely to be taken soon. Sanyo wants to focus on LCD and plasma televisions and other industrial equipment such as heavy-duty air conditioners, coolers and the like, while not being saddled with the conventional colour television segment, which is the strong point of BPL.
Meanwhile, the sports ministry has asked the PCB not to offer a long-term contract to its incumbent director of cricket Mohammad Hafeez yet, who came into the role after the 50-overs World Cup last year.
In line with other cellular operators, BPL Mobile has also lowered STD rates to Rs 1.99 from the pre-IUC (inter-connect usage charges) of Rs 2.99 per 60-second pulse rate to landline and wireless in local loop phones.
Imran Tahir completed 500 wickets in the T20 format and became just the fourth player to achieve the remarkable feat.
Expanding its commitment to provide subsidised foodgrain to the poor, the Manmohan Singh government is looking at a host of social sector initiatives along with its soon-to-be-unveiled Food Security Bill.
The franchises of the Bangladesh Premier League have been dealt a huge blow after the Pakistan Cricket Board refused to issue No Objection Certificates (NOCs) to the 26 national players who were set to be part of the Twenty20 event starting on Friday.
The Bangladesh Premier League got its first dose of controversy as Mashrafe Mortaza reported to his franchise, Dhaka Gladiators, an approach from a fellow-cricketer to indulge in spot-fixing during the tournament.
Shakib Al Hasan references Bollywood movie to lash out at BCB
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